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DPSI > SEC Filings for DPSI > Form 8-K on 19-Jun-2012All Recent SEC Filings

Show all filings for DECISIONPOINT SYSTEMS, INC.



Entry into a Material Definitive Agreement, Financial Statements and

Item 1.01. Entry into a Material Definitive Agreement

On May 24, 2012, DecisionPoint Systems, Inc. (the "Company"), executed a lease agreement, dated May 7, 2012 (the "Lease Agreement") with Nausser Fathollahi and Alladin Doroudi (the "Lessor"). Pursuant to the lease agreement, the Company agreed to lease from the Lessor, for a term of five years commencing eight weeks from the execution of the Lease Agreement, premises consisting of approximately 10,325 square feet of office space at 8697 Research Drive in Irvine, California. Base rent under the Lease Agreement will be (following one free month) $12,390 per month for months two through twelve of the lease term, which will increase annually over the term of the lease, up to $13,945.05 for the last year of the lease term.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.                              Description
10.1        Lease Agreement, dated May 7, 2012, between the Company and Nausser
            Fathollahi and Alladin Doroudi

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